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Alvarez & Marsal United Arab Emirates

Welcome to Alvarez & Marsal in the United Arab Emirates.

Since our arrival to the Middle East, there has been growing demand from both local and multinational organisations for turnaround management, performance improvement and business advisory services. Given current economic conditions and an increasing appetite for real solutions to growing problems, Alvarez & Marsal’s dynamic, entrepreneurial, action-oriented team in Dubai maintains a relentless focus on providing clients with the results they need. With many companies at the breaking point, clients rely on our professionals for sound guidance to weather the storm, as well as advice to ensure future survival and growth.

Dubai’s economy, which had been experiencing strong and steady growth, is now in a free fall. Foreign workers, who comprise 90 per cent of Dubai’s population, are now seeing widespread layoffs as the government is encouraging its citizens to pursue careers in finance and banking, which have historically dominated by outsiders. In Dubai, spending is on the decline, housing vacancies are increasing, real estate prices have dropped and construction projects have come to a halt. Luxury goods that were once in high demand are no longer sought after. Outside of Dubai, however, the UAE has been more steadily weathering the economic storm. A nation rich in oil, UAE is aggressively pursuing investments in green technologies, creating opportunities for new business, as well as the potential to become key industry players in the sector.

From its base in Dubai, Alvarez & Marsal offers performance improvement, turnaround and restructuring advisory, crisis and interim management, real estate advisory, financial industry advisory and global forensic and dispute services.

Alvarez & Marsal was recognised among the Best Firms to Work For by Consulting magazine in 2008 and 2009.

LEADERSHIP. PROBLEM SOLVING. CREATION.